Solarvest BioEnergy Inc. Announces Non-Brokered Private Placement

SOLARVEST BIOENERGY INC. (TSX VENTURE:SVS) ("Solarvest" or the "Company") wishes
to announce it has arranged a non-brokered private placement, pursuant to which
the investor will purchase from Solarvest up to 500,000 common shares priced at
$0.20 per share for gross proceeds of $100,000. Proceeds from this private
placement will be used as general working capital.


This placement will be entirely subscribed by a director and officer who is also
a Control Person of the Company and the placement is exempt from shareholder
approval accordance with MI 61-101 (Protection of Minority Security Holders in
Special Transactions).


The shares will be subject to resale restrictions for a period of four months
from the closing date under applicable securities legislation. Completion of the
private placement will be subject to a number of conditions including the
approval of the TSX Venture Exchange.


The statements made in this news release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's expectations and projections.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Solarvest BioEnergy Inc.
Gerri Greenham
Chief Executive Officer
416 420 0947
[e-mail]